The liabilities will be understated.
Answer:
Answer A
Explanation:
Revenue expenditures are the expenditures during period in which the asset has been put into its usage. They are often discussed in the context of fixed assets. For instance if a company installs new equipment and has monthly costs of its maintenance, these costs are revenue expenditures. Therefore, they only present additional costs that do not necessarily increase asset's life.
Answer: decrease ; less saving
Explanation:As people attempt to save more, the result is both a decline in output and unchanged saving. Although people want to save more at a given level of income, their income decreases by an amount such that their saving is unchanged. As people save more at their initial level of income, they decrease their consumption. But this decreased consumption decreases demand, which decreases production. A change in autonomous spending has a different effect on output than the actual change in autonomous spending.
Answer: C. There has been a decline in the foreign exchange value of the nation’s currency.
Explanation:
The Demand curve of a country can be written as an equation which is
C+I+G+(X-M)
C is consumption, I is investment, G is government expenditure, X is exports, M is imports and X-M is net exports.
When ever consumption, investment, government expenditure or net exports increase the demand curve shifts to the right and whenever they decrease the demand curve shifts to the left.
In this case when the value of the currency foreign exchange declines, the country reduce its imports because they are now more expensive as your currency's value is declining and the exports will increase because they will now be cheaper to foreign buyers as their currency is now gotten stronger. This decrease in imports and increase in exports will increase net exports and an increase in net exports will shift the demand curve to the right
Obviously, Mr Timothy’s position within the company is Chief Financial officer
Chief Financial officer is the officer responsible for management of company's finances and top-level budgets.
So, as the Chief Financial officer, his responsibility includes:
- creating the budget for a fiscal year
- creating a cost-profit analysis report
- identifying avenues for possible cost reduction in the budget
In conclusion, Mr Timothy’s position within the company is Chief Financial officer
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